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While the original purpose of blockchains was to realize a payment system, it has been shown that, in fact, such systems do not require consensus and can be implemented deterministically in asynchronous networks. State-of-the-art payment…

Distributed, Parallel, and Cluster Computing · Computer Science 2023-05-12 Andrew Lewis-Pye , Oded Naor , Ehud Shapiro

Decentralisation is one of the promises introduced by blockchain technologies: fair and secure interaction amongst peers with no dominant positions, single points of failure or censorship. Decentralisation, however, appears difficult to be…

Distributed, Parallel, and Cluster Computing · Computer Science 2019-11-20 Andrea Bracciali , Davide Grossi , Ronald de Haan

Account abstraction allows a contract wallet to initiate transaction execution. Thus, account abstraction is useful for preserving the privacy of externally owned accounts (EOAs) because it can remove a transaction issued from an EOA to the…

Cryptography and Security · Computer Science 2025-01-22 Kota Chin , Keita Emura , Kazumasa Omote

The evolution of cryptocurrency and decentralized finance (DeFi) marks a significant shift in the financial landscape, making it more accessible, inclusive, and participative for various societal groups. However, this transition from…

General Finance · Quantitative Finance 2024-07-03 Amrutha Muralidhar , Muralidhar Lakkanna

The no-cloning theorem can be used as a basis for quantum money constructions which guarantee unconditionally unforgeable currency. Existing schemes, however, either (i) require long-term quantum memory and quantum communication between the…

Quantum Physics · Physics 2025-10-22 Dmytro Gavinsky , Dar Gilboa , Siddhartha Jain , Dmitri Maslov , Jarrod R. McClean

Price stability has often been cited as a key reason that cryptocurrencies have not gained widespread adoption as a medium of exchange and continue to prove incapable of powering the economy of decentralized applications (DApps)…

Cryptography and Security · Computer Science 2018-08-13 Jaehyung Lee , Minhyung Cho

Permissionless blockchains (e.g., Bitcoin, Ethereum, etc) have shown a wide success in implementing global scale peer-to-peer cryptocurrency systems. In such blockchains, new currency units are generated through the mining process and are…

Databases · Computer Science 2019-05-24 Victor Zakhary , Mohammad Javad Amiri , Sujaya Maiyya , Divyakant Agrawal , Amr El Abbadi

Cryptocurrencies are a digital medium of exchange with decentralized control that renders the community operating the cryptocurrency its sovereign. Leading cryptocurrencies use proof-of-work or proof-of-stake to reach consensus, thus are…

General Finance · Quantitative Finance 2020-07-07 Gal Shahaf , Ehud Shapiro , Nimrod Talmon

While classical money can be copied, it is impossible to copy quantum money in principle, with only the bank that issues it knowing how to generate it, meaning only the bank can make exact copies. Not all reliable banks, such as central…

Quantum Physics · Physics 2022-05-20 Yuichi Sano

Electronic tickets (e-tickets) are electronic versions of paper tickets, which enable users to access intended services and improve services' efficiency. However, privacy may be a concern of e-ticket users. In this paper, a…

Cryptography and Security · Computer Science 2018-06-27 Jinguang Han , Liqun Chen , Steve Schneider , Helen Treharne , Steve Wesemeyer

Blockchain is a decentralized system that allows transaction transmission and storage according to the roles of the Consensus algorithm and Smart contracts. Non-fungible tokens (NFTs) consolidate the best characteristics of blockchain…

Cryptography and Security · Computer Science 2022-09-07 Subhash Shankar Pandey , Tadasha Dash , Prasanta K. Panigrahi , Ahmed Farouk

We propose a framework for threshold cryptosystems under a permissionless-economic model in which the participants are rational profit-maximizing entities. To date, threshold cryptosystems have been considered under permissioned settings…

Cryptography and Security · Computer Science 2019-01-07 David Yakira , Ido Grayevsky , Avi Asayag

The most prevalent smart card-based payment method, EMV, currently offers no privacy to its users. Transaction details and the card number are sent in cleartext, enabling the profiling and tracking of cardholders. Since public awareness of…

Cryptography and Security · Computer Science 2023-09-07 Sergiu Bursuc , Ross Horne , Sjouke Mauw , Semen Yurkov

E-values have gained prominence as flexible tools for statistical inference and risk control, enabling anytime- and post-hoc-valid procedures under minimal assumptions. However, many real-world applications fundamentally rely on sensitive…

Methodology · Statistics 2025-10-22 Daniel Csillag , Diego Mesquita

Threshold cryptography has gained momentum in the last decades as a mechanism to protect long term secret keys. Rather than having a single secret key, this allows to distribute the ability to perform a cryptographic operation such as…

Cryptography and Security · Computer Science 2024-08-30 Florian Le Mouël , Maxime Godon , Renaud Brien , Erwan Beurier , Nora Boulahia-Cuppens , Frédéric Cuppens

Since its inception as a solution for secure cryptocurrencies sharing in 2008, the blockchain technology has now become one of the core technologies for secure data sharing and storage over trustless and decentralised peer-to-peer systems.…

Cryptography and Security · Computer Science 2020-06-26 Noe Elisa , Longzhi Yang , Honglei Li , Fei Chao , Nitin Naik

In this work, we investigate how the governance features of a managed currency (e.g., a fiat currency) can be built into a cryptocurrency in order to leverage potential benefits found in the use of blockchain technology and smart contracts.…

Cryptography and Security · Computer Science 2019-12-16 Peter Mell

Many systems today distribute trust across multiple parties such that the system provides certain security properties if a subset of the parties are honest. In the past few years, we have seen an explosion of academic and industrial…

Cryptography and Security · Computer Science 2022-11-11 Emma Dauterman , Vivian Fang , Natacha Crooks , Raluca Ada Popa

The popularity of digital currencies, especially cryptocurrencies, has been continuously growing since the appearance of Bitcoin. Bitcoin's security lies in a proof-of-work scheme, which requires high computational resources at the miners.…

Cryptography and Security · Computer Science 2017-11-28 Dimitris Chatzopoulos , Sujit Gujar , Boi Faltings , Pan Hui

Transparency is crucial in security-critical applications that rely on authoritative information, as it provides a robust mechanism for holding these authorities accountable for their actions. A number of solutions have emerged in recent…

Cryptography and Security · Computer Science 2018-08-08 Mustafa Al-Bassam , Sarah Meiklejohn